Category Archives: IT

Xiaomi Inc. joined the “Billion-Dollar Club”

August 16, 2013, Broadband Development Alliance (http://www.chinabda.cn) published the first volume of the “China Broadband Speed Status Report” according to which in the first half of 2013, China’s average fixed line broadband Internet download speed was up to 2.93 Mbit/s, the average web page loading time was 2.55 seconds, the average download speed of online video was 1.03 Mbit/s. In addition, Shanghai is ranked as no.1 with the highest average download speed among all the provincial and administrative regions, reaching 4.28 Mbit/s, 46.1% higher than the national average level.

Forbes yesterday announced the Third Annual List Of The World’s 100 Most Innovative Companies among which Salesforce.com tops Forbes’ 3rd annual list of The World’s 100 Most Innovative Companies, Alexion Pharmaceuticals follows at No. 2 for the second consecutive year, with VMware at No. 3. Rounding out the top five are Regeneron Pharmaceuticals and ARM Holdings, respectively.

Lenovo’s first financial quarter net profit hit $ 174 million

On July 17th, China Internet Network Information Center (CNNIC) released “The 32nd China Internet Development Statistics Report” today which shows that as of the end of June 2013, the number of China’s netizens reached 591 million, an increase of 26.56 million compared to the end of 2012. Internet penetration has increased to 44.1%, 2.0 percentage points higher compared with the end of 2012.

Chinese first eSports world champion (2001)

Yesterday, Baidu announced to reorganize the “web search”, “web search product marketing”, “commercial operations system” and “sales system” into an independent search business group; and also announced the formation of a new business group – Forward charge based business. As a result, Baidu will form a relatively clear business system: two business groups (search and forward charges), three divisions (mobile cloud, LBS and international) and two independent subsidiaries (qunar and iQiyi).